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October 13, 2025, 12:30 PM
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memeorandum
WeSmirchTop News
| Wall Street Journal: |
OpenAI and Broadcom agree to co-develop and deploy 10GW of custom AI chips to run OpenAI's models over four years; sources: the deal is worth multiple billions — The companies plan to deploy 10 gigawatts of custom AI chips over the next four years — OpenAI and Broadcom are working together …
More: Broadcom Inc., Engadget, CNBC, Investor's Business Daily, Latest from Tom's Hardware, Livemint, Associated Press, DatacenterDynamics, Capital Brief, New York Times, The Information, Benzinga, Yahoo Finance, Neowin, MediaPost, ZeroHedge News, Analytics India Magazine, Dow Jones Newswires, WinBuzzer, and Financial Times
X: @patrickmoorhead, @patrickmoorhead, @patrickmoorhead, @benbajarin, @gdb, @benbajarin, @marceloplima, @deitaone, @openainewsroom, @kenziesigalos, and @zephyr_z9
Bluesky: @edzitron.com and @sungkim
Forums: r/singularity and r/wallstreetbets
| Financial Times: |
The Dutch government takes control of Chinese-owned Dutch chipmaker Nexperia using its Goods Availability Act, a first, to safeguard chip supply for Europe — Move by The Hague escalates frictions between western countries and Beijing over access to high-end technology
More: Government.nl, CNBC, Bloomberg Law, BBC, Pekingnology, China Money Network, South China Morning Post, UPI, DatacenterDynamics, The Register, ZeroHedge News, Reuters, Silicon Republic, Euractiv, and Silicon Canals
X: @zerohedge, @fbermingham, @fbermingham, @naijaflyingdr, @shaunrein, @teortaxestex, @kanthan2030, @ricwe123, @kaiserkuo, @kuittinenpetri, @fbermingham, @fbermingham, @onechancefreedm, @vtchakarova, @nuryvittachi, @dancollins2011, @kanthan2030, @fpgax_, @fbermingham, and @fbermingham
Forums: r/europe, r/Poldersocialisme, r/technology, and r/NewsWithJingjing
| Bloomberg: |
CoinGecko: crypto's combined market cap rises 6%+ to hit $4T, recovering from a brutal weekend selloff as President Trump tries to calm US-China trade war fears — Most major cryptocurrencies rebounded from steep losses suffered over a brutal weekend selloff, as President Donald Trump sought … | Tyler Katzenberger / Politico: |
California Governor Gavin Newsom signs AB 1043, which requires device makers and app stores to verify users' ages; Google, Meta, and OpenAI supported the bill — “We can continue to lead in AI and technology, but we must do it responsibly — protecting our children every step of the way," …
More: Bloomberg Law
| Tyler Katzenberger / Politico: |
California Governor Gavin Newsom signs AB 56, which requires that social media companies show users under 18 warning labels for “profound” mental health risks — “Emerging technology like chatbots and social media can inspire, educate and connect — but without real guardrails …
More: Bloomberg Law, Governor of California, Sacramento Bee, and TheDesk.net
| Larry Dignan / Constellation Research: |
At Dreamforce 2025, Salesforce unveils Agentforce 360, a unified agentic AI stack to connect humans, AI agents, and more, and positions Slack as an “agentic OS” — Salesforce announced a series of product updates, a process intelligence acquisition and an Agentforce 360 architecture designed … | Rebecca Bellan / TechCrunch: |
California Governor Gavin Newsom signs SB 243, which mandates safety protocols for AI chatbot companions, the first US state law to regulate such AI chatbots — California Governor Gavin Newsom signed a landmark bill on Monday that regulates AI companion chatbots, making it the first state … | Eric Slivka / MacRumors: |
Apple says that its Apple TV+ streaming service has been renamed Apple TV, “with a vibrant new identity” — Buried in its announcement about “F1: The Movie” making its streaming debut on December 12, Apple has also announced that Apple TV+ is being rebranded as simply Apple TV.
More: Apple TV+ Press, 9to5Mac, AppleInsider, The Hollywood Reporter, TVLine, Variety, The Wrap, TheDesk.net, and Media Play News
X: @tvgrimreaper, @loudmouthjulia, @yoda, @ajrgd, @aaronp613, @aaronp613, and @andrew_osu. Bluesky: @briancgrubb. Threads: @chancehmiller
Forums: r/technology, r/movies, r/cordcutters, r/television, r/apple, and MacRumors Forums
| Financial Times: |
Sources: London-based self-driving tech startup Wayve is in early stage talks with Microsoft and SoftBank to raise between $1B and $2B, valuing Wayve at ~$8B — London-based group seeks valuation of $8bn as global investors snap up deals with fast-growing AI start-ups
More: Reuters, Sifted, Implicator.ai, Dow Jones Newswires, and Automotive World
| Paul Sandle / Reuters: |
Ofcom fines 4chan £20K under the OSA for failing to provide info on the risk of illegal content; the UK's tech minister says the government “fully backed” Ofcom — Britain said on Monday it had issued U.S. internet forum site 4chan with a 20,000 pound ($26,644) …
More: Ofcom, The Verge, The Record, The Register, Telegraph, Reclaim The Net, Politico, The Independent, UKTN, and BelfastTelegraph.co.uk
| Stephanie Stacey / Financial Times: |
Strava CEO Michael Martin says Strava plans to launch a US IPO; Sensor Tower says Strava has 50M MAUs and users spent $180M+ on Premium in the year to September — CEO Michael Martin targets US IPO to raise capital for deals to keep Strava ahead of rivals including Garmin and Nike| Brandi Vincent / DefenseScoop: |
Anduril plans to deliver ~100 units of its AI-powered EagleEye helmet and eyewear to the US Army by Q2 2026, replacing Microsoft's IVAS; Meta provided some tech — “This is an extremely powerful capability. It's going to get cheaper and cheaper over time," Anduril founder Palmer Luckey told reporters.| Robert Olsen / Forbes: |
NYC- and London-based ClaimSorted, which uses AI to help speed up settling insurance claims and works with 20+ insurers, raised a $13.3M seed led by Atomico — Robert Olsen is a journalist covering transatlantic business news. … The tedious, time-consuming process of settling insurance claims is practically begging for disruption.
More: FinTech Global, EU-Startups, and BusinessCloud
| Alex Traub / New York Times: |
John Searle, known for “the Chinese Room” AI consciousness thought experiment, died on September 16 at 93; his UCB tenure ended over alleged sexual harassment — His blunt debating and imaginative theorizing about artificial intelligence and the human mind made him a leading scholar.
More: Colin McGinn, IFLScience, Daily Nous, The Guardian, Daily Californian, and The Times
X: @atroyn, @eigenrobot, @teortaxestex, @thatguybg, and @romanyam
| George Hammond / Financial Times: |
OpenAI's multibillion-dollar Nvidia and AMD deals add a new layer to its complicated ownership structure and dilute shareholders, like Microsoft and SoftBank — Microsoft, OpenAI's staff and non-profit arm are due close to 90% of start-up. But Nvidia deal will dilute shareholders
More: ComputerWeekly.com and TechCrunch
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